After decades of effortless growth and prosperity, America's postsecondary institutions of education have come under increasing financial stress and waning public support. In part, this stress reflects a slowdown in the real rate of national economic growth and the loss of federal and state revenues for education generally. It also reflects a trend of state legislatures simply giving higher education an ever lower ranking on the list of funding priorities. Postsecondary educational institutions in the United States will continue to face increasing financial stress and waning public support as critics question the contribution of higher education to economic growth, which historically has been a major rationale for funding. Unless the trends in education financing can be changed, higher edu cation can be expected to stagnate. What, if anything, can be done? As a starting point, advocates of higher education need to more fully recognize the important ways in which higher education influences technological change and also is influenced by that change. As demonstrated by the chapters in this book, higher education is not a neutral or passive player in economic growth. This volume addresses topics related to the role of postsecondary education in national economic development within the United States.

Contributed articles.

The contributors to this volume present a broad canvas of science and technology policies as instruments of social and economic development, record the progress that has been made, and identify and analyze the problems that remain to be solved. Contributors are Aqueil Ahmad, Charles H. Davies, Thomas Owen Eisemon, John W. Forje, Jacques Gaillard, Eric L. Hyman, John E. Udo Ndebbio, Fola Osotimehin, Aaron Segal, Scott Tiffin, Paul B. Vitta, and Roland Waast.

This series of reports examines whether it is possible to develop reliable and effective criteria for evaluation of investments, given the wide range of parameters from planning and cost-effectiveness of buildings to their impact on the performance of the educational system as a whole.